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Freeport-McMoRan Inc's account receivable for the three months ended in Dec. 2014 was $1,241 Mil. Freeport-McMoRan Inc's revenue for the three months ended in Dec. 2014 was $5,235 Mil. Hence, Freeport-McMoRan Inc's days sales outstanding for the three months ended in Dec. 2014 was 21.63.
Freeport-McMoRan Inc's days sales outstanding declined from Dec. 2013 (28.95) to Dec. 2014 (21.63).
Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Freeport-McMoRan Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Freeport-McMoRan Inc's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Freeport-McMoRan Inc Annual Data
Freeport-McMoRan Inc Quarterly Data